Kelm Company purchased a new machine on October 1, 2012, at a cost of $120,000.The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life. Instructions Compute the depreciation expense under the following methods for the year indicated. Straight-line for 2012. $ Units-of-activity for 2012, assuming machine usage was 1,700 hours. (Round unit price per hour to 2 decimal places, e.g. 10.50.) $ Declining-balance using double the straight-line rate for 2012 and 2013. 2012 $ 2013 $